AbbVie

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

AbbVie procures renewable electricity through Energy Attribute Certificates (RECs, I-RECs, European Guarantees of Origin) and on-site solar at six sites (Ballytivnan, Barceloneta, Campoverde, Ludwigshafen, Heredia, Liège). Renewable electricity rose from 29.5% in 2021 to 83.2% in 2025. A centralized Renewable Energy fund accelerates active sourcing. Target: 100% renewable electricity by 2030 (SBTi-validated).

AbbVie explicitly states: 'We have not purchased, and do not currently anticipate purchasing, carbon offset credits to meet our near-term targets.' Decarbonization relies on direct emissions reductions via energy efficiency, fleet electrification, renewable energy procurement, physical footprint optimization and supplier engagement — not removals or offsets.

• Green chemistry and process intensification

  Applying Twelve Principles of Green Chemistry in R&D and manufacturing. Piloted pervaporation membrane technology and thin film evaporation at North Chicago API Pilot Plant to reduce solvent waste, water and energy. Multiple sites achieved My Green Lab certification.

• Energy efficiency capital fund

  Centralized capital expenditure fund approved $15.1M for ~65 projects in 2025 (solar upgrades, boilers, chillers, HVAC, LED, heat recovery, VFDs), expected to avoid ~3,700 tCO2e. Progress: 8% Scope 1+2 reduction since 2021; targeting additional 5-7% by 2030.

• Fleet electrification (Project Green Wave)

  Transitioning ICE fleet to hybrid, electric and flex-fuel. Grew from ~1,300 EVs/hybrids in 2021 to 4,800+ globally in 2025. Project Green Wave promotes employee selection of EV/hybrid/biofuel. Targeting 7-10% Scope 1 reduction by 2030.

• On-site renewable generation and PPAs

  On-site photovoltaic solar at 6 sites globally; Campoverde Italy expanded its solar plant in 2025 saving ~900 tCO2e annually. Combined with EAC purchases, drove 10% Scope 2 reduction since 2021; targeting 25-30% reduction by 2030.

• Physical footprint optimization

  Ongoing assessment of global affiliate real estate and manufacturing footprint; integrating resiliency, energy efficiency and decarbonization into design of new/expanded facilities. Achieved 21.5% Scope 1+2 reduction since 2021 from this pillar; projected 10-15% by 2030.

• Supplier SBTi engagement (Scope 3)

  Engaging suppliers in Purchased Goods & Services, Capital Goods and Upstream Transport to set their own SBTi targets. 51.4% of suppliers by emissions had set science-based targets by end of 2025, up from 15.7% in 2021. Target: 79.1% by 2027 (SBTi-validated).